BOV launches boat and yacht finance package

Throughout the Grand Harbour Boat Show, which ends at the Gateway Terminal at the Valletta Waterfront between tomorrow, Bank of Valletta is promoting a special boat and yacht finance package, which includes beneficial terms for customers who take advantage of the offer until the end of August.

Customers who apply for package before the end of August will benefit from discounted interest rates. The bank is also waiving processing fees during the promotional period.

Alan Micallef, head, consumer lending at Bank of Valletta, said customers applying for the package will benefit from an extended repayment term of up to 12 years. The minimum loan amount has been reduced to €45,000 (Lm19,318.50) and there is no limit to the maximum amount that can be borrowed. The loan is repayable by monthly installments inclusive of interest and the repayment programme can be customised to suit one's income and monthly budget.

Bank of Valletta is offering a comprehensive range of lending products that include the personal loan.

Approved personal loans taken out during the Boat Show and until the end of August will benefit from the "irresistible summer offers" that have just been launched and which include no processing fees, discounted interest rates, extended repayment term of up to seven years, optional free classic credit card with new personal loans and the possibility to take up a three-month moratorium on repayments.

The BOV personal loan caters for loan amounts between €600 and €60,000 (Lm257.58 and Lm25,758).